Property Detail

Description

NEW PRICE! **Investment Opportunity in Santa Ana!** This fixer is on an R-2 lot and presents an incredible opportunity to develop or improve the existing income producing property in the rapidly growing area of Santa Ana. *City-approved ADU and remodel plans* are already in place and included in the listing price, saving the future buyer significant time and effort. Location Highlights: Just minutes from vibrant **4th Street** with trendy gastropubs like Chapter One, Hidden House coffee, The 4th Street Market, Yost and Frida theaters are within s short stroll, as well as the Historic District of Santa Ana! You'll enjoy quick access to the 5 FWY and 55 FWY for easy commutes to the beach cities! Additionally, the property is less than 1 mile to the Orange County School of the Arts, the Civic Center and more! The current plans feature: A remodeled to the current front unit which adds a bedroom and bath/laundry room which will create a 3 bedroom, 2-bathroom front house, and a new 2-bedroom, 1-bathroom ADU situated between the front home and the alley building. With the area's continued growth, this property offers excellent potential for both investment and future value appreciation- Whether you're a developer, investor, or homeowner looking for a project! Cash or Construction/remodel/ non-QM loan will be necessary.